Investment for Sale
FREEHOLD BAR WITH 3 FLATS ABOVE
Available
St James Street, Walthamstow, London E17
(Reference No. 023881)
Price:£1.2m
881 SQ FT (81.93 SQ M)
Download PDF



Location:
Situated on St James Street, Walthamstow between High Street and Station Road. The premises are very close to St James Street Network Rail Station and opposite where the new Morrisons Supermarket development is being constructed.

Description:
Fully licenced sports bar with A4 use (free of tie) being offered with existing tenants. The upper part comprises 3 newly refurbished flats which are entered via the rear of the property and comprise: 2 x 1 bedroom on 1st floor level (1 with roof terrace) and a duplex 2 bedroom flat arranged over 2nd and 3rd floors.

The 2 bedroom is let at £1200 pcm and the 1 bedrooms are each let at £1,000 pcm (total rent from the upper part £38,400 pa).

The bar is let on a 12 year lease from December 2017 (within the Landlord and Tenant Act 1954) at £35,000 pa with 4 yearly rent reviews.

Subject to Contract
top 

Claridges Commercial
Tel: 020 8559 1122  
Email:
contact@claridges-commercial.co.uk